Planting Seeds

As spring arrives, and householders' concerns turn from loft insulation to herb gardens, the reference data industry has planted some new seeds itself. Recent consolidation signifies that reference data is a rapidly maturing market, with data vendor Interactive Data's acquisition of Xcitek's corporate actions data division and software vendor Asset Control's buyout of Vancouver-based TAP being the latest examples.

Even private equity, an asset class often accused of Jerry Maguire-style "show

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